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To: blam

Getting the platinum to the surface will take a long time in my opinion. So it won’t affect platinum prices much.

When it sank the platinum was worth 64 million. Today it is worth about 3 billion. This is a rough indicator for the inflation we have had since 1943. Though today platinum has more industrial uses than it did in 1943


32 posted on 06/04/2012 7:23:14 AM PDT by dennisw
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To: dennisw
"Though today platinum has more industrial uses than it did in 1943 "

Yup.

I used to make billions and billions of Schottky platinum silicide transistors.
During one Xmas vacation years ago, someone stole our $50k platinum target out of the stock room at TI.

33 posted on 06/04/2012 10:02:05 AM PDT by blam
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